[Bitwise CIO: Bitcoin and other risk assets decline, value stocks relatively resilient, market worries about tech giant IPO peak] Bitwise Chief Investment Officer Matt Hougan wrote that despite strong U.S. employment data, not only cryptocurrencies but almost all asset classes are weakening overall, while value-style sectors are relatively resilient. He pointed out that market sentiment reflects concerns that several upcoming major tech IPOs could mark a temporary peak in the current tech stock rally. This sentiment may continue to ferment in the coming weeks, but he believes it does not signify the end of the tech market rally in the long term.